1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Shaanxi furthers cross-border e-commerce goal www.chindaily.com.mn

Shaanxi is taking advantage of the online Silk Road to develop cross-border e-commerce. Honey from New Zealand, coffee from Rwanda, durian from Cambodia, as well as healthcare products from Australia, are now all available through online channels.

He Jian, head of the management committee of the Airport New City of Xixian Area in Shaanxi, said on April 8 that Shaanxi completed its first cross-border e-commerce bonded import business in the Airport New City, building the online Silk Road that connects China's northwestern inland region with the outside world.

"The Xi'an Xianyang International Airport now has 345 domestic airlines and 67 international airlines that connect 55 countries and regions around the globe. Three expressways, two inter-city railways and four subway lines meet at the airport, forming a multimodal transport center that can distribute cross-border e-commerce goods to anywhere in the shortest time," He said.

Data from the Ministry of Commerce showed that in 2018, China's cross-border e-commerce retail sales totaled 134.7 billion yuan ($19.5 billion), growing 50 percent on a year-on-year basis. Among them, import sales increased by 39.8 percent year-on-year to 78.6 billion yuan.

As cross-border e-commerce flourishes, it is deepening international cooperation. Under the framework of the BRI, the Ministry of Commerce has been promoting the online Silk Road, and has now inked deals with 18 countries and regions along the BRI, such as Australia, Cambodia and Italy.

"In the future, we will enhance policy support, perfect regulations, and create a more advantageous business environment for cross-border e-commerce, so as to realize the normalization of e-commerce among economies involved in the initiative as well as to promote trade liberalization and facilitation," said Qian Fangli, deputy head of the ministry's department of e-commerce.

Guo Tao, commercial counselor at the Australian Trade and Investment Commission, said "China is Australia's largest trade partner, as the country is both Australia's largest export destination and import resource. In the past, trade commodities between Australia and China were fixed in certain categories. But now, our business is more diversified."

Data from the Australian Bureau of Statistics showed that in 2018, trade volume between China and Australia reached $143.1 billion, up 14.1 percent year-on-year.

"With the help of e-commerce, our trade relationship with China is even closer, and cross-border e-commerce is benefiting many Australian brands," said Guo.

During last year's Singles Day, China's online shopping festival, which falls on Nov 11, Australia was the fourth-largest selling country to China on Alibaba's T-mall platform. "With the online Silk Road built, our e-commerce trade with China is further enhanced. In the future, Australia is willing to participate more in the online Silk Road, and we are looking forward to working more closely with more cities, such as Xi'an, in China," he added.

On May 11, the Xi'an Cross-Border E-Commerce International Cooperation Demonstration Zone was established, as the central government works to promote China's northwestern region to the world, as well as promote reform and opening-up and the transformation of foreign trade.

Vice-Minister of Commerce Qian Keming said that "China's cross-border e-commerce now covers most regions, and has cultivated numerous influential brands. With the establishment of the 35 cross-border e-commerce international cooperation demonstration zones, China's cross-border e-commerce is turning into a reality."

He said the establishment of the Xi'an Cross-Border E-Commerce International Cooperation Demonstration Zone will open a new chapter in Shaanxi's cross-border e-commerce development. In the future, the government will enhance support to the opening-up of West China, promote cross-border e-commerce among economies involved in the BRI, to build an inland area of reform and opening-up.

"This year marks the sixth anniversary of the proposal of the BRI, and we will continue to adhere to the principle of achieving shared growth through discussion and collaboration, encourage enterprises to develop cross-border e-commerce along the BRI, help countries and regions along the Belt and Road Initiative develop their digital economy to merge into trade globalization, maintain the multilateral trade system, promote the development of cross-border e-commerce, as a powerful momentum to the BRI construction, and constantly boost smooth trade," he said.

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Russia to build mega port in its westernmost European enclave of Kaliningrad www.rt.com

The long-discussed deep water port project near Kaliningrad, Russia has won the support of President Vladimir Putin, Kommersant newspaper reports.
The construction of the shipping hub with a 48-million-ton capacity and linked infrastructure including railway and roads, may cost more than US$3.1 billion (200 billion rubles). One quarter of the sum may come from the Russian budget, while the rest is set to be covered by investors.

Putin has already greenlighted the project, Kommersant reports, citing a letter from the presidential aide, Andrey Belousov. The adviser to the Russian leader suggested creating a business-plan for the hub to prove its efficiency. The document is reportedly set to be reviewed by the government by September 1.

The construction of the port in the region has been under consideration since the 2000s.

An additional terminal for passengers and cargo is under construction in the same area, in the coastal town of Pionersky.

The new port could potentially attract a cargo base using the federal government support, Mikhail Burmistrov, CEO of INFOLine-Analitika told Kommersant. The analyst stressed, however, that it may still face some difficulties in finding investors.

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Role of education in reducing poverty discussed www.montsame.mn

Ulaanbaatar /MONTSAME/ Asia-Pacific regional seminar on Achieving SDGs being held in Ulaanbaatar continued with the session titled ‘Education as a critical precondition to break the cycle of poverty’. The session was moderated by MP N.Uchral, Member of the Bureau of the Standing Committee on UN Affairs, IPU.

Sustainable Development Goal 4 aims to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. Director of the UNESCO Beijing Cluster Office Ms. Marielza Oliveira noted that education is key to achieving all the SDGs. She highly appreciated Mongolia’s achievement in education sector and expressed gratitude for introducing new approach to educational services suitable for herders. In her presentation, Ms. Marielza Oliveira highlighted the link between progress in education and sustainable way of living, poverty reduction and economic growth that does not leave anyone behind. Investing in education will help raise climate change awareness, prevent violence, reduce crime, improve health, nutrition and gender equality, innovate and transform economies, providing skills for green jobs. For education to be transformative in support of the new sustainable development agenda, ‘education as usual’ will not suffice, she noted.

Minister of Education, culture, Science and Sports Yo.Baatrabileg delivered presentation on ‘Challenges and Implementation of the SDGs’. As reflected in the Government Action Plan for 2016-2020, Mongolia aims to provide every child with preschool education, develop secondary education system in line with international standards, ensuring quality, improve the vocational education and higher education system and develop lifelong education system. He also emphasized that Mongolia’s investment in early childhood education is among the highest rate in the world, according to the global report by UNICEF ‘A world Ready to Learn’. However, children of remote rural areas, suburban districts and newly settled residents still not fully enrolled in schools and kindergartens.

Following the presentations, representatives of the IPU member states shared the challenges they face in education sector, measures taken in this regard and their experiences in reducing poverty through education.

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EU Day Mongolia takes place www.montsame.mn

Ulaanbaatar /MONTSAME/ On the occasion of the 30th Anniversary of the establishment of diplomatic relations between Mongolia and European Union, the Delegation of the European Union to Mongolia hosted the EU day Mongolia on May 26 at the Sukhbaatar square. Present at the event which was organized for the first time, were Ambassador Extraordinary and Plenipotentiary of the European Union to Mongolia Traian Laurentiu Hristea, Ambassadors and diplomats of 15 EU member states to Mongolia, Deputy Minister of Foreign Affairs B.Battsetseg and Governor of the capital city and Mayor of Ulaanbaatar S.Amarsaikhan.

Ambassador Traian Hristea said “EU and Mongolia have traveled a long road over the past three decades. In 1989 when diplomatic relations were officially established between the two sides, EU was a small Union with no common currency, unified foreign policy or even a single market and Mongolia was on the threshold of democracy. The sides have established stronger partnership with common fundamental principles. EU is the third biggest trade partner of Mongolia although we are geographically very distant. As the Ambassador of EU to Mongolia, I will provide consistent support to the reforms of the judicial and legal systems and civil service, and develop projects mainly on promoting SMEs, ensuring inclusive growth through mining revenues, and combating climate change”

The event provided the public with an opportunity to get to know the EU member states through their tradition and culture, receive detailed information and advice on studying and travelling in the countries and getting Schengen visa, visit a trade fair of EU countries' entities, as well as to enjoy the countries’ cuisine and art performances. Moreover, during the event, information was given on over 20 EU-funded projects being implemented in Mongolia.

EU is Mongolia’s third neighbor, according to the Concept of Mongolia’s foreign policy. Thus, Mongolia has been working on intensifying its relations with EU and its member states in all possible areas. For instance, a meeting of the Ambassadors of EU member states has been taking place regularly in Ulaanbaatar since 2009. Establishment of the Office of the Delegation of the European Union to Mongolia in 2017 opened up an opportunity to elevate bilateral relations and cooperate more efficiently in many more areas.

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President checks infrastructure construction process of oil refinery www.montsame.mn

Ulaanbaatar/MONTSAME/. On May 24, President Kh.Battulga got acquainted with the process of infrastructure construction of the oil refinery being built in Altanshiree of Dornogobi aimag.

The works to construct oil refinery in Altanshiree launched in June, 2018 and infrastructure constructions started. On May 24, 2019 the construction of 27-km railway between Sainshand and the construction site of oil refinery has been completed, reported D.Jigjidnyamaa, chief of Ulaanbaatar Railway JVC.

According to D.Jigjidnyamaa, the railway is to play an important role in supplying Mongolia’s fuel needs and is a start of the horizontal axis railroad.

Now, it will be continued by constructions of more infrastructure works, such as auto roads and towers and electrical cables of high tension along the railway. Soldiers of military unit No: 7780 are now working on the construction of 18.8 km high-capacity road.

During his rural trip, President Kh.Battulga visited the military unit No:7780 where he wished success to their works.

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EBRD spends EUR 70 million this year www.montsame.mn

Ulaanbaatar /MONTSAME/ Prime Minister U.Khurelsukh today received Alain Pilloux, Vice President of the European Bank for Reconstruction and Development (EBRD). PM U.Khurelsukh expressed his gratitude to the EBRD on spending EUR 1.7 billion for developing private sector in Mongolia over the past 20 years.

The EBRD has made financing of EUR 70 million to Mongolia since the beginning of 2019 and several projects and programs will be carried out in rural areas, said EBRD Vice President Alain Pilloux.

The sides agreed that reconstruction of the road Ulaanbaatar-Darkhan, which takes important position in cooperation, should be completed in the scheduled time. Moreover, the sides shared opinions on upgrading governance in mining sector and cooperating in the areas of infrastructure, agricultural processing industries, farming, animal husbandry, energy, heat supply and tourism in the future.

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Innovative technology and social interaction oriented Nest High School opens soon in Ulaanbaatar city www.mongolianbusinessdatabase.com

Infinite Solutions LLC in collaboration of specialists from Stanford University, Facebook, and Amazon opens Nest High School. Nest is striving to provide in-depth knowledge with a prime focus on not only theoretical knowledge, but also hands-on practical experience on AI, blockchain, and software programming.

Open door event was held on May 25, 2019 at Chinggis Khan hotel last week. The event covered information about the school, education program, and other technology trend discussions

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Mongolia green lights Aspire’s coal reserve estimates www.thewest.com.au

Metallurgical coal developer Aspire Mining has received the thumbs up from the Mongolian Mineral Reserve Council, which approved the total ore reserves estimate for its Ovoot Early Development Project, or “OEDP”.

In a comprehensive update, the company also outlined that approvals for its Mongolian-compliant Ovoot Feasibility Study updated with the OEDP PFS results were also expected shortly from the same Government agency.

These milestones form the technical basis for all other project permitting and enable Aspire to commence the related environmental studies.

The company has also initiated community engagement and public consultation works as part of the wider environmental and social impact studies and project management plans.

Critically, community stakeholders have combined the Erdenet to Ovoot haul road construction as part of the OEDP mine development works in their broader considerations for support of the project.

Given these developments, Aspire revealed that the OEDP DFS is now expected to hit the streets by the end of 2019 and that it was still on track for the first production of washed coking coal in the first half of 2021.

The company has also entered into a Cooperation Agreement with Ulaanbaatar Tumur Zam Joint Stock Company, or “UBTZ”, who is the operator of the Trans Mongolian rail network, which will guarantee rail capacity for Aspire’s OEDP coal transportation to the Mongolian-China border, 1,500km to the southeast.

Supporting this development, company management recently visited several coal handling and preparation plants in China, which outlined some efficient and low water and power consuming options to treat its Ovoot products.

Aspire has also met with the Mongolian Government owners of the large Tavan Tolgoi coking and thermal coal deposits in the southern part of the country, where synergies may exist for the blending of Tavan’s non-coking coal resources with Ovoot’s premium coking coals.

Preliminary work showed that an attractive value adding opportunity exists for combining the products from both deposits, which will also benefit from a recent initiative to construct a rail line from Tavan Tolgoi to an existing railhead at Sainshand to the east northeast.

The beauty is that Aspire’s Ovoot coal products will travel through Sainshand on route to China, which makes the small city an ideal location for blending of the future coal products from the separate mines, where an industrial park development has been touted.

During April, Aspire said that Chinese State-owned enterprise China Gezhouba Group had provided a Letter of Interest to construct the critical haul road that will link the OEDP to an existing railhead at Erdenet.

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Second Range States Meeting of the CMS Central Asian Mammals Initiative www.cms.int

The CMS Secretariat is very pleased to announce that the Ministry for Environment and Tourism of Mongolia has kindly offered to host the Second Range States Meeting of the CMS Central Asian Mammals Initiative (CAMI) on 28-30 August 2019 in Ulaanbaatar, Mongolia as part of the Mongolian Wildlife Week.

The main objectives of this Range States Meeting are

to discuss and review the findings of the above-mentioned study, and to develop a set of recommendations to promote transboundary conservation in those areas,
to review implementation of the current Programme of Work 2014-2020; and
to develop and agree on a new Programme of Work for CAMI covering the period 2020-2026 and update Resolution 11.24 for submission to CMS CoP13 which will take place in February 2020 in India.
The meeting is jointly organised by the CMS Secretariat, the Mongolian Government, the International Academy for Nature Conservation of the German Federal Agency for Nature Conservation (BfN INA) as well as the Michael Succow Foundation with funding from the German Ministry of the Environment, Nature Conservation and Nuclear Safety (BMU).

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Belt and Road to boost China’s growth over next four decades www.rt.com

China’s Belt and Road Initiative (BRI) will likely provide significant business opportunities to global economies, according to participants of the 8th China Business Forum in London.
They said that the world’s second largest economy, China, is poised to grow strongly in the next two to four decades thanks to the BRI.

“Growth is going to continue to come from China for the next 20, 30, maybe 40 years ... The greatest growth opportunity in the world is the Belt and Road Initiative,” Stephen Perry, chairman of the 48 Group Club, was cited as saying by China Daily. Perry made a keynote speech at the forum which was organized by London Business School.

“What China is trying to do is to free the productive capacity and consumer demand from China, across Central Asia, central Europe, and down into Africa,” he said, adding it is in the United Kingdom's interests to take part in the initiative.

Participants of the forum discussed key developments of the Chinese and European economies, including Italy joining the BRI. They also talked about trade deals and innovative business practices between China and Europe.

China’s BRI megaproject (dubbed the new Silk Road), which was announced six years ago by President Xi Jinping, covers 152 countries in Europe, Asia, the Middle East, Latin America, and Africa. It is expected to significantly boost global trade, and cut trading costs by half for the countries involved.

The International Monetary Fund has recently called the trade route a “very important contribution” to the global economy, saying that it promotes regional cooperation and connectivity in trade investment, human mobility, and finance.

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